British Pound / Australian Dollar

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British Pound / Australian Dollar forum


GBPAUD Learned this on callistofx's youtube.

TBH this is break retest continuation is what I learned on rayner's videos, but with extra steps and more focus on demand and supply areas.

1302SGT 06052025
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GBPAUD – DTF Technical & Fundamental Analysis

On the daily timeframe, the price was previously within a range following an uptrend. A major support level at 2.07500 has been breached in recent sessions, signaling a potential Change of Character (CHoCH) and possibly indicating a shift in market momentum. Additionally, the price has broken below a minor support level at 2.05800, with an accumulation phase developing.

Our strategy moving forward is to monitor price action as it seeks liquidity above the identified liquidity zone. We will wait for clear confirmation of liquidity formation. Should the price return to test and break the support level again, the area of interest lies around 2.05790 (a potential breakout point). Risk management should be placed below 2.07260 should liquidity form as expected. The longer-term target is a potential move toward the next minor resistance zone at 0.90650.
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GBPAUD consolidation...
either will break from Monday or wait till Thursday for a new monthly candle
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GBPAUD simple sell setup. moving slow now but i am confident.
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GBPAUD there is some important lvl's @ this stage... need some time to confirm.